Is Sanmina Corporation (NASDAQ:SANM) Trading At A 33% Discount?
May 22
U.S. Electronic Manufacturing Services Industry Analysis
UpdatedJun 02, 2024
DataAggregated Company Financials
Companies27
- 7D-0.8%
- 3M1.3%
- 1Y19.4%
- YTDn/a
Over the last 7 days, the Electronic Manufacturing Services industry has remained flat. As for the the longer term, the industry is up 20% over the past 12 months. As for the next few years, earnings are expected to grow by 2.9% per annum.
Industry Valuation and Performance
Has the U.S. Electronic Manufacturing Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 02 Jun 2024 | US$100.1b | US$100.4b | US$6.4b | 21.3x | 15.7x | 1x |
| Tue, 30 Apr 2024 | US$92.1b | US$104.0b | US$6.6b | 14.7x | 14.1x | 0.9x |
| Thu, 28 Mar 2024 | US$97.4b | US$104.3b | US$6.5b | 14.8x | 15.1x | 0.9x |
| Sat, 24 Feb 2024 | US$97.4b | US$105.7b | US$5.8b | 16.1x | 16.9x | 0.9x |
| Mon, 22 Jan 2024 | US$90.8b | US$107.0b | US$4.3b | 16.5x | 21.1x | 0.8x |
| Wed, 20 Dec 2023 | US$98.1b | US$107.0b | US$4.3b | 18.9x | 22.8x | 0.9x |
| Fri, 17 Nov 2023 | US$90.9b | US$108.3b | US$4.4b | 16.8x | 20.6x | 0.8x |
| Sun, 15 Oct 2023 | US$89.3b | US$109.3b | US$4.7b | 17.3x | 19.1x | 0.8x |
| Tue, 12 Sep 2023 | US$87.8b | US$109.9b | US$4.8b | 16x | 18.1x | 0.8x |
| Thu, 10 Aug 2023 | US$90.9b | US$109.7b | US$4.9b | 16.6x | 18.7x | 0.8x |
| Sat, 08 Jul 2023 | US$94.4b | US$109.7b | US$5.0b | 15.9x | 19.1x | 0.9x |
| Mon, 05 Jun 2023 | US$86.4b | US$109.6b | US$5.0b | 15.2x | 17.4x | 0.8x |
| Wed, 03 May 2023 | US$79.4b | US$108.3b | US$5.0b | 14.2x | 16x | 0.7x |
| Fri, 31 Mar 2023 | US$85.7b | US$108.0b | US$5.1b | 16.8x | 16.7x | 0.8x |
| Sun, 26 Feb 2023 | US$84.9b | US$107.4b | US$5.1b | 17x | 16.5x | 0.8x |
| Tue, 24 Jan 2023 | US$85.9b | US$105.0b | US$5.4b | 16.9x | 15.9x | 0.8x |
| Thu, 22 Dec 2022 | US$78.4b | US$105.0b | US$5.4b | 16.2x | 14.5x | 0.7x |
| Sat, 19 Nov 2022 | US$81.4b | US$103.9b | US$5.4b | 16.2x | 15x | 0.8x |
| Mon, 17 Oct 2022 | US$69.5b | US$100.4b | US$5.4b | 13.8x | 12.8x | 0.7x |
| Wed, 14 Sep 2022 | US$80.2b | US$98.8b | US$5.3b | 15.9x | 15.1x | 0.8x |
| Fri, 12 Aug 2022 | US$81.5b | US$98.7b | US$5.3b | 16.7x | 15.4x | 0.8x |
| Sun, 10 Jul 2022 | US$69.9b | US$96.6b | US$5.4b | 14.8x | 13x | 0.7x |
| Tue, 07 Jun 2022 | US$80.6b | US$95.5b | US$5.3b | 14.4x | 15.1x | 0.8x |
| Thu, 05 May 2022 | US$78.4b | US$94.8b | US$5.4b | 14.4x | 14.5x | 0.8x |
| Sat, 02 Apr 2022 | US$82.6b | US$94.0b | US$5.3b | 15.6x | 15.5x | 0.9x |
| Mon, 28 Feb 2022 | US$86.7b | US$93.2b | US$5.3b | 14.4x | 16.4x | 0.9x |
| Wed, 26 Jan 2022 | US$88.2b | US$92.7b | US$5.1b | 14.9x | 17.4x | 1x |
| Fri, 24 Dec 2021 | US$97.2b | US$92.7b | US$5.1b | 14.8x | 19.2x | 1x |
| Sun, 21 Nov 2021 | US$98.3b | US$92.1b | US$5.0b | 15.8x | 19.5x | 1.1x |
| Tue, 19 Oct 2021 | US$92.9b | US$91.3b | US$4.2b | 16x | 22.1x | 1x |
| Thu, 16 Sep 2021 | US$91.8b | US$91.3b | US$4.1b | 16.2x | 22.4x | 1x |
| Sat, 14 Aug 2021 | US$93.8b | US$91.2b | US$4.1b | 17.3x | 22.9x | 1x |
| Wed, 09 Jun 2021 | US$90.6b | US$88.2b | US$3.1b | 15.2x | 29.2x | 1x |
Price to Earnings Ratio
29.2x
Current Industry PE
- Investors are relatively neutral on the American Electronic Manufacturing Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 17.3x.
- The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
- The earnings for companies in the Electronic Manufacturing Services industry have grown 27% per year over the last three years.
- Revenues for these companies have grown 4.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Electronic Manufacturing Services compare with similar industries?
| US Market | -0.62% | |
| Tech | -1.71% | |
| Electronic Equipment and Components | -1.69% | |
| Electronic Manufacturing Services | -0.76% | |
| Electronic Components | -1.42% | |
| Technology Distributors | -2.32% | |
| Electronic Equipment and Instruments | -2.35% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IPGP IPG Photonics | US$86.73 | 1.3% +US$50.1m | -23.0% | PE21.6x | |
| SANM Sanmina | US$68.54 | 1.3% +US$47.1m | 26.6% | PE15.3x | |
| SHMD SCHMID Group | US$4.70 | 8.8% +US$15.2m | -55.7% | n/a | |
| KE Kimball Electronics | US$22.92 | 2.3% +US$12.7m | -9.6% | PE17.7x | |
| NEON Neonode | US$3.19 | 30.7% +US$11.5m | -62.0% | PS11.6x |
